Wednesday February 24, 2021
Bitcoin (BTC) $49,059.00   Ether (ETH) $1,613.85
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
NEWSLETTER SIGNUP
EXCHANGE 300+ COINS
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
No Result
View All Result
Home Blockchain Technology

GoChain and IriSafe to develop blockchain ID management solutions

Published by CryptoNinjas.net
03/06/2019
GoChain and IriSafe to develop blockchain ID management solutions

GoChain, a high-performance Ethereum/web3 compatible blockchain, today announced it has partnered with IriSafe, Inc. and Blockchain Industries, Inc. to develop blockchain-based identity management solutions.

IriSafe is a Singapore-based joint venture between IriTech, Inc. and Blockchain Industries, Inc. IriTech has provided identity solutions to various governments, including the United Nations, the United States, and India, as well as private companies throughout the world.

With guidance from Blockchain Industries, a publicly traded merchant bank focused on the international blockchain and cryptocurrency sectors, GoChain and IriSafe have entered a binding joint development agreement.

GoChain will leverage IriTech’s biometrics hardware and software development kits in collaboration with IriSafe to provide the world’s first blockchain identity management solutions using ultra-secure, government-tested and certified iris-scanning technology. The solutions will be built on GoChain’s best-performing public web3-based network, giving users faster transaction speeds and enterprise-level support that are not available with traditional identity management solutions.

“Blockchain-based digital identity management solutions are sorely needed, and we are thrilled to partner with IriSafe and Blockchain Industries to offer this unforeseen level of security. IriTech’s iris recognition algorithm is truly revolutionary, and we look forward to exploring all its applications for the blockchain.”

Jason Dekker, CEO of GoChain

“We are incredibly fortunate to work with GoChain, the fastest, most reliable, web3 based blockchain protocol. This partnership presents the opportunity to be an industry leader in the blockchain-based identity management space.”

Dr. Daehoon Kim, CEO & President of IriSafe

IriKey, empowered by IriTech’s patented iris recognition algorithm which was proven superior in independent U.S. and India government testing, is the first product to be released by the joint venture, IriSafe. IriKey is a breakthrough hardware wallet that utilizes IriTech’s technology to lock a seed/key with the user’s iris data. The resulting so-called “locked seed” can be stored anywhere most convenient to the user (email, cloud, laptop, smartphone, etc.).

In the rare chance hackers gain access to the locked seed, they still cannot retrieve the original seed (and thus the keys) without the live irises of the owner. Other hardware wallets use seed phrases as restore mechanisms that are very inconvenient and still vulnerable to security breaches. IriKey users can easily recover their assets with their locked seed and iris scan, in the event the device is lost, broken or stolen.

The blockchain digital identity management solution will have various applications, including national IDs, private keys, e-voting systems, user rights, and refugee food distribution.

FacebookTwitterLinkedinRedditE-MailTelegram

Related News

GoChain partners with Morpheus.Network to offer IoT supply chain solutions
Vendor Technology

GoChain partners with Morpheus.Network to offer IoT supply chain solutions

01/31/2020
Lenovo joins GoChain as a blockchain signing node
Networks & Protocols

Lenovo joins GoChain as a blockchain signing node

01/08/2020
Coco Veda and GoChain to explore use of blockchain for Coconut farmers
Vendor Technology

Coco Veda and GoChain to explore use of blockchain for Coconut farmers

09/30/2019
Red Cat partners with GoChain for blockchain drone data services platform
Featured

Red Cat to integrate drone data services on GoChain blockchain

09/10/2019
Gochain Gost Protocol
Vendor Technology

GoChain working to launch GOST Protocol for cross chain token transfers

07/08/2019
Load More
Leave Comment

Where to Exchange

Bit2MeLeading Spanish Bitcoin ExchangeVisit
BL3P
European Bitcoin ExchangeVisit
ChangellyExchange & Buy 150+ CryptocurrenciesVisit
itBitAmerica's First Regulated Bitcoin ExchangeVisit
  • Trending
  • Latest
Bitcoin ATM company Lamassu unveils brand new operator admin system

Bitcoin ATM company Lamassu unveils brand new operator admin system

02/23/2021
Bitcoin Suisse increases depositor bank guarantee to CHF 110M

Bitcoin Suisse increases depositor bank guarantee to CHF 110M

02/23/2021
Amber Group boosts its crypto trading infrastructure security with AnChain.AI

Amber Group boosts its crypto trading infrastructure security with AnChain.AI

02/23/2021
DeFi fund manager yAxis launches v2 to make earning interest on crypto more accessible

DeFi fund manager yAxis launches v2 to make earning interest on crypto more accessible

02/22/2021
Klarna partners with Safello to bring users crypto purchases from their bank account

Klarna partners with Safello to bring users crypto purchases from their bank account

02/17/2021
Alameda Research leads $40M round in decentralized prime brokerage protocol Oxygen

Alameda Research leads $40M round in decentralized prime brokerage protocol Oxygen

02/24/2021
Chainlink achieves major scalability upgrade launch of Off-Chain Reporting (OCR)

Chainlink achieves major scalability upgrade with launch of Off-Chain Reporting (OCR)

02/24/2021
Tendermint invests in Tgrade to bolster Cosmos' growing DeFi ecosystem

Tendermint invests in Tgrade to bolster Cosmos’ growing DeFi ecosystem

02/24/2021
Bitcoin Suisse increases depositor bank guarantee to CHF 110M

Bitcoin Suisse increases depositor bank guarantee to CHF 110M

02/23/2021
Amber Group boosts its crypto trading infrastructure security with AnChain.AI

Amber Group boosts its crypto trading infrastructure security with AnChain.AI

02/23/2021
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy


Go to mobile version